162 Riverview Acres LnTaylorsvilleNC28681
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Taylorsville at 162 Riverview Acres Ln, Taylorsville, NC, 28681 uses $62,952 cash to close to unlock $6,349/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $1,686/mo, and a $929/mo payment keeps the spread at $529/mo. Purchase price stands at $189,900, and rental yield measures 10.65% with $1,686/mo rent. Return on cash invested shows 30% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 156.87% and total cumulative return in cash records $98,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,686/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Andi Jack • RE/MAX A-Team
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332322